DeFi needs a ‘killer app’ to go next level, says Ripple exec
A panel at the Blockchain Futurist Conference was asked about the future of decentralized finance and what was needed to be done to bring about mainstream adoption.
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Vitalik Outs Himself as Having Used Tornado Cash
Ethereum co-founder Vitalik Buterin has revealed that he personally used the now-sanctioned Ethereum mixer “Tornado Cash” when donating funds to Ukraine earlier this year. In a tweet on Tuesday, Twitter…
Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth
Decentralized finance TVL is down by 66%, but growth in DEX aggregators, active addresses and steady fund raises show “DeFi winter” is not upon us.
Circle CEO Talks Tornado Cash Sanctions and the Fight for Privacy
Major crypto firms Circle and Coinbase have been forced to comply with the US Treasury Department’s sanctions against Tornado Cash under Bank Secrecy Act (BSA) requirements, said Circle CEO Jeremy…
Notorious Lazarus Group Attempted Cyber-Attack, Alleges deBridge Co-Founder
The “Lazarus Group,” a notorious North Korea-backed hacking syndicate, has been identified as the culprit of an attempted cyber-attack on deBridge Finance. The co-founder of the cross-chain protocol and project…
Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021
While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by…
Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol’s Team
According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams that the…
Uniswap Proposal Seeks to Create Independent Entity With a $74M Budget
Uniswap community members are looking to create a new entity called the Uniswap Foundation, which would address some shortcomings and improve the growth of the protocol’s decentralized ecosystem. The proposed…
Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss
The crypto contagion only hurt entities that poorly managed their treasuries, but didn't affect the underlying blockchain technology, he said.
Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater
During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this…
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